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Industrial Fabrications Ltd

13078846

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 ROOKERY FARM, WORTHAM, IP22 1RB
Incorporated 14/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Lewis Erith

director · Since 14/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 30

Mr David Andrew King

director · Since 14/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Paul John King

director · Since 14/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Mrs Claire King

secretary · Since 01/11/2024

Persons with Significant Control

Mr Lewis Erith

25–50% shares
25–50% votes
Appoint directors

British · England · Age 30

Unit 5, Rookery Farm, Wortham, IP22 1RB

Notified 14/12/2020

Mr David Andrew King

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

Unit 5, Rookery Farm, Wortham, IP22 1RB

Notified 14/12/2020

Mr Paul John King

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

Unit 5, Rookery Farm, Wortham, IP22 1RB

Notified 14/12/2020

CompanyRankvs 2881+ SIC 25990 peers
64

Financial strength61th percentile among SIC peers · 15/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.91× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£103k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£123k

Current Liabilities

£42k

Fixed Assets

£45k

Debtors

£45k

3avg. employees

Tax at Year End(2023)

VAT£20k

Balance Sheet

Assets less current liabilities£126k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.91+£91
20232.55£402k

Derived from filed accounts. Not audited figures.